The Continental Congress of The United States, authorized the creation of, and issuance of a ‘Continental Currency’ in 1775. This was obviously before the War of Independence, and Jefferson’s “Declaration of Independence.” The early citizens needed a currency, and there was indeed a Continental Congress governing the 13 initial states. A year or so later, […]
There are certainly many things one can do with surplus dollars, which can harm if you pick the wrong one, benefit if you pick the correct one, or if you don’t invest in anything, it is almost a guaranteed loss, since our dollars, according to our government, depreciate 2% every year. Do not go to […]
There are a whole army of ‘licensed financial planners,’ who for a percentage of your worth, will instruct you what to do, or usually do it for you. Whether they do anything, nothing, or cause you to lose; their percentage continues. Are they smart? I have no idea, as I have never met one that […]
Gold’s history dates back to about 3100 BC, but that would be boring, so let’s stop and think about how it must have been discovered. I owned three hotels in little Silverton Colorado, which was a mining town. Silverton was sort of ‘discovered’ in 1868 by Charles Baker, who probably discovered gold the way that […]
Simple, nothing! You can barter with gold and silver when paper money becomes worthless, as it has in 100% of the world’s history. America, and most, if not all other nations, knowing their currency can and will eventually become worthless, have passed “Legal Tender Laws,” which say that if you want to purchase anything, you […]
It’s a long story, and I’ll try to abbreviate it, because my daughter Melissa, sort of witnessed the results 130 years later! The story began when the North printed Greenbacks, as I have mentioned in a past column. The misnamed ‘Civil War,’ cost the North billions of dollars, and the South too, which they didn’t […]
For a couple of weeks, America’s left and right, thought with a shudder, that President Trump had America heading into World War Three. He was considered to be reckless, and acting without a grain of common sense, planning ahead, or listening to his advisors. After all, hadn’t he put foot in mouth endlessly, and tweeted […]
For over a year now, special Counsel Robert Mueller has been costing taxpayers millions of dollars, and has been investigating everything his mind can conjure, other than his original instructions and purpose. There is a Constitutional or legal question as to his even being there in the first place, not to mention his supposed power […]
Until 1862, the United States had only twice issued dollars which were not redeemable into gold. Those times were during the Revolutionary War, and the War of 1812. Both times, the wars were paid for with paper money, not convertible into gold. Both of those times, the un-backed dollars became worthless. The old expression, “Not […]
Friday, March 23, 2018, saw hundreds of thousands of protesters parading across America. They were everywhere, protesting guns, the NRA, and demanding new laws, as if there weren’t enough already, which I am certain there are. All this outrage came a month after 17 students and adults were killed in a Parkland Florida high school […]